Confusion Over How To Calculate Earn Leave (EL). - CiteHR
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Dear Dev.
Please go through this link, the days taken into account are 30. See this for more clarification- Income Tax

Hi Dev EL should be calculated on Basic Salary 30 month days has to be calculate Regards D K
Dear Mr.Dev,
Each industry/organisation follows different way of calculation of leave encashment.
Generally acceptable to mot of organisations is that Leave encashment has to be paid based on Basic Pay/Wages including DA, if any. Gross emoluments will not be considered.
Then ascertaiing the daily basic has to be done by dividing the monthly basic pay with 26 days, as being done in calculating Gratuity.
With best wishes

Dear Dev,
EL is to be calcuating on the company policy i.e Basic or gross. But the min requirement to calculate is Basic+DA and the days to be considered as 30 days not 26 days for calculation. 26 days to be cosidered for gratuity calculation.

Dear all,
The following clarifications w.r.t. EL are given in light of my company policy.
1 day EL for every 15 days of working
Encashment purpose, the Basic and DA are taken into account.
30 days are taken into account per month for calculation purpose.

Dear All, Namaste,
I want to ask about earned leave encashment. I worked 2 month 8 days in a pvt. ltd an Accounts & Finance Manager. I was discountinued my job by the director. They made my full & final settlement. My basic salary 9000/-, HRA 4500/-, CONVENCE 1000/-, MEDICAL EXP. 2500/- = Total Gross salary Rs 17000/-. they calculate my EL 3 days
9000/-+43500/- = 13500/- / 30 days = 450/- * 3 days= 1350/-,
But when i was on leave they deducted my salary @ (9000/-+4500/-,+1000/-, 2500/-= 17000/- one day leave) 566/-* 3 days = 1698/-
Kindly tell me Earned leave how calculate Basic+HRA or GROSS SALARY.
Thank U ,

Dear All
As per the factory act EL will be calculated on actual working day not 30days or 26 day.
For example if april month has 30days but working day 26 then EL calculating on 26 day because actual working is 26 days not 30 days if somebody work 20days in month then EL calculate on 20 days.

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